Thread: Rising taxes

Quote: Originally Posted by Best Buckeye It doesn't matter how much paper the gov't can print the deal is how much it is worth and if we belly up it's worthless with all those debts standing over our heads. , Best - Well, it does matter how much they print because as I described above the value of the dollar is determined by supply and demand, so if you print more dollars holding everything else equal, its value will decrease....

More; Yahoo Some just shoot me please; How can this possibly go on and on and on. $8,800. more per household on top of the upcoming healthcare increases and the other bills to follow. Study: States must fill $1 trillion pension gap. HARRISBURG, Pa. ? States may be forced to reduce benefits, raise taxes or slash government services to address a $1 trillion funding shortfall in public sector retirement benefits, according to a new study that...

What is surprising is that there is no outrage among voters or even the media. I am against another 10-15% tax on top of what we pay now. How does Obama defend this tax on the middle class. I never believed the politicians when they spoke any of their lies about the stimulus not raisng taxes or no new taxes for the healthcare plan. I'm sick over how all the politicians just lie and lie to us. Nancy Pelosi Proposes a VAT - WSJ.com nk. The...

Quote: Originally Posted by MaxBuck It's high time we acknowledged Social Security for what it has become: an entitlement program for the elderly, transferring wealth from younger Americans. It's welfare that you can qualify for no matter how wealthy you are. It's a stupid program. (I say this even though I will qualify to start pulling money out of it in about 8 years.) Correct me if the information I was told is wrong, but a...

Quote: Originally Posted by MaxBuck Given what's happened to private pensions and stock-heavy 401k's, I'm not clear on why this is a huge problem. If there isn't money to pay the retirees, they'll have to figure out how to make ends meet by continuing to work. Kind of like the rest of us. Retirement isn't a right. Social Security wasn't meant for people to live off of - and more importantly, I don't...

Quote: Originally Posted by sepia5 Totally agree. That's what attempts at healthcare reform are for. I don't care how much you put into the program, if you have sufficient retirement assets, or income from some other source, you should not be able to take the extra money to use as country club dues. I mean, if we are in a crisis mode. Sure, it a perfect world you deserve it. But if the thing is about to implode, then use it as the...

Quote: Originally Posted by MaxBuck If it's there for me, buddy, you better believe I'm filing. Nice principles there you greedy, not-rich, old bastard.

Quote: Originally Posted by Fungo Squiggly No one's making you file for it, you greedy, rich, old bastard. If it's there for me, buddy, you better believe I'm filing. I would never dispute that I'm greedy and old. "Rich" wouldn't pass the giggle test.

Quote: Originally Posted by muffler dragon Thank you very much for the post. Part of the reason why I ask is that I have a hard time envisioning the US Gov't as though it were a single entity like me. The Gov't can print money as it sees fit, and since money isn't backed by anything other than faith (any more) then I never really understood how debt would function. I take you at your words above, and I have to admit that...

Quote: Originally Posted by muffler dragon Whatever happened to the shag carpet? Chicks started shaving "down there" Frankly, its for the better.